Life Insurance Corporation (LIC) shares were trading 3.09 per cent higher at Rs 661.55 per share on the NSE. It touched an intraday high of Rs 679
LIC's income from first-year premium also came down to Rs 12,852 crore against Rs 14,663 crore in the same quarter previous fiscal
The final decision on the FSIB recommendation will be taken by the Appointments Committee of the Cabinet headed by Prime Minister Narendra Modi
The BSE Sensex declined 307.63 points or 0.47 per cent to close at 65,688.18. The NSE Nifty fell 89.45 points or 0.46 per cent to settle at 19,543.10
Earlier, the Life Insurance Corporation (LIC) had come under fire for its exposure to Adani stocks after a short-seller report caused a selling spree of Gautam Adani-backed companies
Prominent among those MPs who have given adjournment notices, include Congress chief Whip in Rajya Sabha Naseer Hussain and party's Whip in Lok Sabha Manickam Tagore.
LIC’s annual general meeting (AGM) will be held on August 22, 2023 and hence, after this AGM, LIC is expected to pay the final dividend for FY23
LIC's exposure in the Adani group, as on date, is 0.975 per cent of LIC's Total AUM at book value, the insurance company said
Since Hindenburg’s allegations of fraud against Adani Group went public on Wednesday, companies associated with the conglomerate have lost over Rs 4 lakh...
IDBI Bank, for which the government and the LIC have invited bids to sell a majority stake, had a net profit of Rs 578 crore in the October-December quarter of...
Several global and domestic institutions have expressed interest in buying about 61 per cent of the government and Life Insurance Corporation's (LIC) stake in...
The transaction will now move to the second stage in which the potential bidders will conduct due diligence before putting financial bids
After completion of the strategic disinvestment, IDBI Bank has to make an application to the Stock Exchanges for reclassification of Government of India...
The government and LIC together are looking to sell a 60.72 per cent stake in IDBI Bank, and the last date for submitting an Expression of Interest (EoI) or...
The stock rallied 8.70 per cent to Rs 682.70 on the BSE
Foreign brokerages, however, remain bullish on LIC setting a higher target price over the next year as they feel that the insurer has good medium-term market...
LIC owns 49.2 per cent of the lender and the government and public own the remaining shareholdings in the bank which was on the verge of collapse before it was...
The Telangana government on Sunday launched ‘Nethanna Bima,’ a life insurance scheme for handloom and power loom weavers, marking National Handloom Day.
Launched in December 2021, the LIC Bima Jyoti Insurance plan is a non-linked, non-participating, individual, life assurance savings plan that provides...
Past week, the BSE Sensex plunged 2,943.02 points or 5.42 per cent, while the NSE Nifty declined 908.30 points or 5.61 per cent.
The stock tanked 5.85 per cent to settle at Rs 668.20 apiece on the BSE. During the day, it plunged 6 per cent to Rs 666.90
The total income of the insurer during the March quarter increased to Rs 2,12,230.41 crore, from Rs 1,90,098 crore in the same period of the previous fiscal.
Shares of LIC closed at Rs 875.45, down Rs 73.55 or 7.75 per cent over the issue price, on the BSE. At this price, LIC is valued at nearly Rs 5.54 lakh crore....
LIC's IPO was subscribed 2.95 times on the last day of the offer period on Monday, helping the government mobilize about Rs 21,000 crore.
Against 16,20,78,067 shares on offer, 47,83,25,760 bids were received, according to data posted on stock exchanges at 7 pm.
